Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...

An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

Macy’s, one of the leading retail giants in the United States, has recently made headlines after revealing a significant ...

Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...

The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...

Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...

Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.

Iconic retailer Macy’s announced Monday that it would delay its full third-quarter earnings report because of an employee ...

Macy’s has delayed releasing its third-quarter earnings after discovering that a former employee concealed $132 million to ...

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...